Diana Shipping wins new charters from Cargill

Diana Shipping wins new charters from Cargill

Greek owner Diana Shipping has fixed kamsarmax bulker Myrto and capesize Santa Barbara to new time charter contracts with Cargill.

Cargill is taking the 2013-built kamsarmax Myrto on a new 13-15 month charter, commencing April 24, at $14,000 per day. The company was previously paying $8,000 per day for the vessel.

The charter for 2015-built capesize Santa Barbara has been extended for a period of 18-19 months, also commencing April 24, at a rate of $20,250 per day. The vessel was previously fetching just $12,000 per day.

Diana Shipping says the two charters are expected to generate around $16.09m based on the minimum time charter periods.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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